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Brexit advice for businesses: Deal or no deal?

Brexit news continues to dominate the headlines and will continue to do so as we get ever closer to the date of the UK’s departure from the European Union (EU). But what will a deal or no deal Brexit mean for businesses?

At the Berkshire Growth Hub, we want to help Berkshire businesses understand what the EU withdrawal will mean to them and keep business owners updated with the latest information, advice and support available.

The government has been implementing a significant programme of work to ensure the UK will be ready in all scenarios, including a potential ‘no deal’ outcome (where the UK leaves the EU without agreement) in March 2019.

Deal: Withdrawal agreement as announced on 25 November 2018

Click here to view the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, as endorsed by leaders’ at a special meeting of the European Council on 25 November 2018.

You can also view the outline of the political declaration setting out the framework for the future relationship between the European Union and the United Kingdom of Great Britain and Northern Ireland, as agreed at negotiators’ level on 14 November 2018.

You can view the Explainer for the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union, 14 November 2018.

You can find further information from the government on exiting the EU here.

No deal: How to prepare if the UK leaves the EU with no deal

The government has put together guidance on how to prepare for Brexit if there is no deal, which can be viewed on the government website here. This includes information on importing, exporting, product labelling, workplace rights, tax and regulation.

Other important information and resources:

Brexit checklist for businesses

The British Chambers of Commerce has created a Business Brexit checklist to help businesses consider and plan for the changes that Brexit may bring to their organisation.

EU Settlement Scheme employer toolkit

If EU citizens want to stay in the UK beyond 31 December 2020, they and their close family members will need to apply to the EU Settlement Scheme. An EU settlement Scheme toolkit has been created, which contains tools and information with which employers can support EU citizen employees and their families on the EU Settlement Scheme.

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